
News India Live, Digital Desk: If you want good returns on your savings and consider fixed deposits (FD) as a safe option, then there is good news for you. Some banks are now a special period FD But attractive interest rates are giving, which can increase your capital rapidly.
Private sector IDFC First Bank has changed interest rates on its fixed deposit schemes, and now this bank is offering much higher interest rates on FD with a period of 30 to 36 months.
Know IDFC First Bank’s FD rates (for 30-36 months):
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For normal customers: Bank on this period FD 7.25% annually Is paying interest.
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For senior citizens (Senior citizens): Senior citizens for this period even more attractive rate ie 7.75% annually You will get interest.
This rate is much higher than many large public and private banks. This means that you can get better returns on your savings and increase your capital rapidly over the long term. FD has always been considered a safe investment, and with these increased rates it has become even more attractive.
Banks often offer different interest rates for different periods. The period of 30 to 36 months is becoming quite popular among investors these days as it gives them good returns in the medium period.
Investors can always compare the FD rates of different banks to choose the best option for themselves. Small finance banks also often give high rates. Therefore, do well research before investing and select the correct FD scheme according to your financial needs and goals.
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